Mark, I'm just looking at their website, on what's sold and what's not. I might be wrong about the number of bidders, but bidding is closed for the lot, and there is no hammer price.
ANR is one of the few sites that lists hammer even if reserve isn't met.
Looks like it got to 980K w/o selling.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko.
"I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury, and without collectors, we can spend/melt our collections/inventories." - Julian Leidman
nice quote
"You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68." rainbowroosie April 1, 2003
<< <i>The representation that I used wasn't all too happy with the overall outcome of the auction. He believes that the reserve was indeed too high >>
Only 2 of the 61 lots are currently posted on the ANR site without winning bid amounts next to them. Even if those two went unsold - and yes, I realize the 1794 was the most valuable coin, by far, in the collection - that still means 59 out of 61 coins (or 96.7%) met the reserves.
Additionally, I bid on a small group of lots at price levels well in excess of any reserves that might have been in effect, and was still blown out of the water on most of them.
If the representative "wasn't too happy" because he thought reserves were too high, I think he was at least somewhat out of touch with the market.
<< <i>The representation that I used wasn't all too happy with the overall outcome of the auction. He believes that the reserve was indeed too high >>
Only 2 of the 61 lots are currently posted on the ANR site without winning bid amounts next to them. Even if those two went unsold - and yes, I realize the 1794 was the most valuable coin, by far, in the collection - that still means 59 out of 61 coins (or 96.7%) met the reserves.
Additionally, I bid on a small group of lots at price levels well in excess of any reserves that might have been in effect, and was still blown out of the water on most of them.
If the representative "wasn't too happy" because he thought reserves were too high, I think he was at least somewhat out of touch with the market. >>
The reserve comment was related exclusively to the 1794 specimen, I believe it was more in the form of a hissy-fit also.
I was blown away on all 5 lots I tried for. I bid over 40K on lot 7, the very nice AU58 FL 1795 dollar. It sold for an astounding $64,400. Graysheet is like $20K.
I saw the coins at Long Beach, many were extra-special nice.
The Cardinal portion appears to be more like a little over $5M - congratulations to Martin.
I was blown out on my Libertas. I figured $70k plus the juice for a coin I sold him at around $20k was fair - but alas, two other bidders didn't agree!
There's just no spread on the 1794's. It's like a 1913 nickel [a PR64 goes for $3M and a PR66 goes for $4M].
The catalogue is on the presses, the lots should be on line next week, most likely Tuesday. Some very "pretty" coins in this sale, wait 'til you see the color photos! Jenna ANR
The catalogue is on the presses, the lots should be on line next week, most likely Tuesday. Some very "pretty" coins in this sale, wait 'til you see the color photos!
Yes, rule of thumb we 'classic collectors' use is a doubling in price each grade. Just a starting point that obviously does not apply to 1794's, 1913's nor [on the flip side of the multiples] any darn gem seated dollar I've ever tried to buy!
ER
Posts: 7,345 ✭
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The slave traders wouldn't purchase me, my wife and my daughter.
I might be wrong about the number of bidders, but bidding is closed for the lot, and there is no hammer price.
Looks like it got to 980K w/o selling.
Just kidding.
<< <i>How much is Greysheet for that coin?
Just kidding.
PCGS Price Guide says $675K.
nice quote
rainbowroosie April 1, 2003
Self Indulgence | Holey Coins | Flickr Photostream
Cardinal and ANR did sell a Million dollar coin though.....
<< <i>The representation that I used wasn't all too happy with the overall outcome of the auction. He believes that the reserve was indeed too high >>
Only 2 of the 61 lots are currently posted on the ANR site without winning bid amounts next to them. Even if those two went unsold - and yes, I realize the 1794 was the most valuable coin, by far, in the collection - that still means 59 out of 61 coins (or 96.7%) met the reserves.
Additionally, I bid on a small group of lots at price levels well in excess of any reserves that might have been in effect, and was still blown out of the water on most of them.
If the representative "wasn't too happy" because he thought reserves were too high, I think he was at least somewhat out of touch with the market.
<< <i>
<< <i>The representation that I used wasn't all too happy with the overall outcome of the auction. He believes that the reserve was indeed too high >>
Only 2 of the 61 lots are currently posted on the ANR site without winning bid amounts next to them. Even if those two went unsold - and yes, I realize the 1794 was the most valuable coin, by far, in the collection - that still means 59 out of 61 coins (or 96.7%) met the reserves.
Additionally, I bid on a small group of lots at price levels well in excess of any reserves that might have been in effect, and was still blown out of the water on most of them.
If the representative "wasn't too happy" because he thought reserves were too high, I think he was at least somewhat out of touch with the market. >>
The reserve comment was related exclusively to the 1794 specimen, I believe it was more in the form of a hissy-fit also.
Self Indulgence | Holey Coins | Flickr Photostream
<< <i>Forget Grey sheet with coins like this. Heritage just sold an NGC 61 for $747,000+... Blows away Grey sheet.
Cardinal and ANR did sell a Million dollar coin though..... >>
You know we're just kidding, right Lloyd?
<< <i>The reserve comment was related exclusively to the 1794 specimen, I believe it was more in the form of a hissy-fit also >>
Ok, so he's not necessarily out of touch with the market.......He's just a...... hissy-fit thrower.
<< <i>
<< <i>The reserve comment was related exclusively to the 1794 specimen, I believe it was more in the form of a hissy-fit also >>
Ok, so he's not necessarily out of touch with the market.......He's just a...... hissy-fit thrower.
Nothing personal against him (As he reads these boards), but he definately has a tendency to do so
Self Indulgence | Holey Coins | Flickr Photostream
<< <i>Wasn't the less famous no stars 1796 $2.5 MS-65 Gold piece that went for $600,000 or so in 1995 in this Sale? I wonder if it sold? >>
Went for $1.38 million.
CG
<< <i>The website shows it sold for $1.15 million. Is that incorrect?
CG >>
It appears to be sold afterwards, slightly more than the $1.127 mil ($980K plus BP), when it closed.
1794 1.15 million
Some of the web auction prices went higher after the site said sold. I think if you go to the site now, you can see finals
Edit: I now see where there are about 5 to 6 blanks in the Prices realized. My information came from a dealer on the floor. So all did not sell.
But I would believe that they will.
I saw the coins at Long Beach, many were extra-special nice.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I should of known, with you guys!!! Well, then. 2 more coins selling for over 7 figures, and the beat goes on....
Total sale proceeds for the Cardinal Collection over 8 million. He may be giving most of it to his charity...
I was blown out on my Libertas.
There's just no spread on the 1794's. It's like a 1913 nickel [a PR64 goes for $3M and a PR66 goes for $4M].
<< <i>When will the ANR pre-ANA lots be posted? There are quite a few cool coins in that one--even some for those of us that buy coins under $1M. >>
John. K told me a couple of weeks ago he was still working on the catalog.
Jenna
ANR
That's the problem, Jenna, I can't wait!
<< <i>There's just no spread on the 1794's. It's like a 1913 nickel [a PR64 goes for $3M and a PR66 goes for $4M]. >>
Yes, those pitiful little spreads of a mere $1,000,000 really annoy me.
On a more serious note, TDN, I do get your point.
We'll use our hands and hearts and if we must we'll use our heads.
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com